Bright Horizons (BFAM)

• Market cap: $6.67B
• 1 day: -0.32%
• 5 days: 0.83%
• 1 month: -9.90%
• 3 months: -1.01%
• 6 months: -11.64%
• Year to date: 5.25%
• 1 year: 12.48%
• 5 years: -4.25%
• 10 years: 128.18%
• Sector: Consumer Discretionary
• Industry: Personal Services

About: Bright Horizons Family Solutions Inc provider of early education and child care, family care solutions, and workforce education services that help working families and client employees personally and professionally. It provides services under multi-year contracts with employers that offer early education and child care, back-up care, and educational advisory services as part of their employee benefits package. The company has three business segments; full-service center-based child care, backup care, and educational advisory services. The majority of the revenue is generated by full-service center-based child care, which includes traditional center-based child care and early education services. Other services provided by the company include in-home child and elder care, and Others.

Employees: 32,050

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

1.28% more ownership

Funds ownership: 101.14% [Q3] → 102.42% (+1.28%) [Q4]

8% more repeat investments, than reductions

Existing positions increased: 140 | Existing positions reduced: 130

6% less funds holding

Funds holding: 385 [Q3] → 361 (-24) [Q4]

19% less capital invested

Capital invested by funds: $8.19B [Q3] → $6.61B (-$1.58B) [Q4]

20% less funds holding in top 10

Funds holding in top 10: 5 [Q3] → 4 (-1) [Q4]

26% less first-time investments, than exits

New positions opened: 50 | Existing positions closed: 68

37% less call options, than puts

Call options by funds: $421K | Put options by funds: $664K

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $100 14% downside
• Avg. target: $127 9% upside
• High target: $146 25% upside

4 analyst ratings

• positive: 2 50%
• neutral: 1 25%
• negative: 1 25%

BMO Capital Jeffrey Silber 36% 1-year accuracy 15 / 42 met price target	25% upside $146	Outperform Maintained	18 Feb 2025
Morgan Stanley Toni Kaplan 32% 1-year accuracy 9 / 28 met price target	14% downside $100	Underweight Maintained	11 Feb 2025
UBS Joshua Chan 29% 1-year accuracy 5 / 17 met price target	12% upside $130	Neutral Maintained	24 Jan 2025
Jefferies	13% upside $132	Buy Maintained	23 Jan 2025